There are a few other methods that could deposit funds on the same day, but I wouldn't sweat it.

I knew I needed a property with meat on the bone if I was going to make a good start; even if the meat on the bone was a derivative of a bit of sweat equity.

I knew I needed a property with meat on the bone if I was going to make a good start; even if the meat on the bone was a derivative of a bit of sweat equity.

The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood; who strives valiantly; who errs, who comes short again and again, because there is no effort without error and shortcoming; but who does actually strive to do the deeds; who knows great enthusiasms, the great devotions; who spends himself in a worthy cause; who at the best knows in the end the triumph of high achievement, and who at the worst, if he fails, at least fails while daring greatly, so that his place shall never be with those cold and timid souls who neither know victory nor defeat.”Theodore Roosevelt

During this whole time I mucked around in tiny crawl spaces with mouse crap and snakes, cleaned sewage off of myself more than once, made at least two emergency room visits (one for drilling a hole straight through my hand installing cabinet knobs), sweated my *** off in attics in the summer.

In the multifamily space, this normally means that a building will be negative cash flow for a period of time, and that you would need to put cash/sweat equity in to turn things around. 

Want to leverage sweat equity for future automation (i.e flip and rent, short term business, etc.)Considering the current market, I feel like there will be opportunities arising in the next 6 months in the area.

Cash buy with sweat equity in renovation allowed for quick re-fi.

Account Closed is correct, absolutely do both.. especially if youre just starting out even Grant Cardone started with a SFR. but for the sake of his question lets say you have 100k saved up for a real estate endeavor TOTAL, and you find a SFR that fits the 1% ratio (100k house that brings in 1k rent) that is doable if you calculate it out that would equal a 8.2% cash on cash IF it stays at a 90% occupancy rate. on the other hand if you invest that 100k into a limited partnership with a company that invests in value add apartments will now your cash on cash can be a preferred 10% with a target of 16-20% IRR which would essentially double your money in 2-5 years.. in this scenario the SFR would take sweat equity from you and risk while only returning a measly 8% CoC while the MF would be completely passive allowing you to learn and grow without hindrance with a 10% CoCnow we are over simplifying but I hope this made sense.. cuz my brain hurts ;D

Sweat equity added would likely put these back around 70-80 LTV after Renovations.